Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, order-ahead and curbside pickup, point of sale, product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, loyalty, customer management, and tailored financial solutions. The company also offers Lightspeed Loyalty; Lightspeed Analytics; Lightspeed Payments, a payment processing solution; and Lightspeed Capital, a merchant cash advance program. In addition, it sells a suite of hardware products to complement its software solutions for the retail and hospitality segments, such as customer facing displays, stands, barcode scanners, receipt printers, cash drawers, payment terminals, and an assortment of other accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.
IPO Year:
Exchange: NYSE
Website: lightspeedhq.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | $20.00 | Buy | BofA Securities |
| 1/10/2025 | $20.00 → $18.00 | Overweight → Equal Weight | Barclays |
| 9/17/2024 | $20.00 | Buy | The Benchmark Company |
| 5/15/2024 | $14.00 | Hold | Jefferies |
| 2/9/2024 | Buy → Hold | TD Securities | |
| 12/28/2023 | $20.00 → $24.00 | Buy | BTIG Research |
| 12/18/2023 | $19.00 | Underweight → Neutral | JP Morgan |
| 12/6/2023 | $17.00 | Neutral | Redburn Atlantic |
| 10/31/2023 | $14.00 | Equal Weight | Wells Fargo |
| 10/20/2023 | $16.00 | Neutral | UBS |
PO Sync allows merchants to put replenishment on auto-pilot with a fully-integrated, trail-blazing wholesale network that redefines and simplifies the buying process for retailers and brands across the globe. MONTREAL, April 3, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today unveils Inventory Replenishment directly integrated into Lightspeed Retail, the premiere Point of Sale for ambitious retailers. Tapping into Lightspeed NuORDER, this launch introduces capabilities to streamline wholesale processes for leading brands and retailers, inc
Lightspeed projects for the next three years:Gross profit CAGR of ~20-25%1 and Customer Location2 CAGR of ~10-15%1 in its two growth engines - retail in North America and hospitality in Europe Consolidated gross profit CAGR of ~15-18%1 Adjusted EBITDA to grow to ~20% of gross profit in Fiscal 20281,5 Free Cash Flow5 of ~$100 million in Fiscal 20281 Lightspeed also completed Fiscal 2025 share repurchases of over $130 million3 Additional share repurchase of up to ~$300 million authorized for a total of $430 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, March 26, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:
Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, March 24, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today provided an update on its financial outlook for the fiscal year ending March 31, 2025. The following outlook supersedes all prior statements made by the Company and reflects current expectations. Since reporting third quarter Fiscal 2025 results on February 6, 2025, several macroeconomic conditio
Lightspeed's Generative AI web builder creates bespoke websites based on screenshot examples, eliminating the need for manual coding; helping retailers save both time and money MONTREAL, March 19, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced a cutting-edge new AI-driven website building tool, designed to help retail merchants generate web pages from a simple screen grab. No need for manual coding or third party
Brouillette will help accelerate the Company's strategic transformation plan in new role MONTREAL, March 6, 2025 /CNW/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced the appointment of Manon Brouillette as Executive Chair of its Board of Directors, effective April 1, 2025 to coincide with the first day of Lightspeed's new fiscal year. "I'm thrilled to be named as Lightspeed's Board Chair during this pivotal moment in the Company's
MONTREAL, Feb. 25, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced its participation in the Morgan Stanley Technology, Media & Telecom Conference. The webcast and replay will be accessible at the scheduled presentation time on Lightspeed's investor relations website at investors.lightspeedhq.com and on-demand for 180 days. Details for the event are as follows: Morgan Stanley Technology, Media & Telecom ConferenceSpeaker: Dax Dasil
MONTREAL, Feb. 13, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), today released the registration and attendance information for its Capital Markets Day at the New York Stock Exchange on Wednesday, March 26, 2025. Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Lightspeed's management team will provide a comprehensive update on the Company's transformation plan, operational and financial
Lightspeed's board authorized share repurchase to return up to $400 million to shareholders Total revenue of $280.1 million, up 17% year-over-year Subscription revenue grew 9% year-over-year Net loss improved to ($26.6) million and positive Adjusted EBITDA1 of $16.6 million exceeded outlook of ~$14 million Monthly ARPU2 in the quarter grew 19% year-over-year to ~$533 Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Feb. 6, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced the results of its previously-disclosed strategic review and its financial results for the three and nine months ended December 3
Significant product innovations in both retail and hospitality launched to support growing business challenges MONTREAL, Jan. 23, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today highlighted some of the groundbreaking new product innovations the Company released this past quarter. "Q3 brought about some significant product innovations designed to help customers realize real value in their day-to-day business operations," sai
Gen Z and Millennials embrace golf for self-care and solo play while redefining the sport through entertainment venues. MONTREAL, Jan. 16, 2025 /PRNewswire/ - As 2024 came to a close, recreational golf remained on the upswing for younger generations. Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, revealed new insights today from a consumer survey, outlining how golfing habits are changing amongst the younger demographic of golfers. Lightspeed surveyed over 700 Ame
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
SCHEDULE 13G/A - Lightspeed Commerce Inc. (0001823306) (Subject)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
SCHEDULE 13G/A - Lightspeed Commerce Inc. (0001823306) (Subject)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
6-K - Lightspeed Commerce Inc. (0001823306) (Filer)
BofA Securities initiated coverage of Lightspeed with a rating of Buy and set a new price target of $20.00
Barclays downgraded Lightspeed from Overweight to Equal Weight and set a new price target of $18.00 from $20.00 previously
The Benchmark Company initiated coverage of Lightspeed with a rating of Buy and set a new price target of $20.00
Jefferies initiated coverage of Lightspeed with a rating of Hold and set a new price target of $14.00
TD Securities downgraded Lightspeed from Buy to Hold
BTIG Research reiterated coverage of Lightspeed with a rating of Buy and set a new price target of $24.00 from $20.00 previously
JP Morgan upgraded Lightspeed from Underweight to Neutral and set a new price target of $19.00
Redburn Atlantic initiated coverage of Lightspeed with a rating of Neutral and set a new price target of $17.00
Wells Fargo initiated coverage of Lightspeed with a rating of Equal Weight and set a new price target of $14.00
UBS initiated coverage of Lightspeed with a rating of Neutral and set a new price target of $16.00
Lightspeed projects for the next three years:Gross profit CAGR of ~20-25%1 and Customer Location2 CAGR of ~10-15%1 in its two growth engines - retail in North America and hospitality in Europe Consolidated gross profit CAGR of ~15-18%1 Adjusted EBITDA to grow to ~20% of gross profit in Fiscal 20281,5 Free Cash Flow5 of ~$100 million in Fiscal 20281 Lightspeed also completed Fiscal 2025 share repurchases of over $130 million3 Additional share repurchase of up to ~$300 million authorized for a total of $430 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, March 26, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:
Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, March 24, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today provided an update on its financial outlook for the fiscal year ending March 31, 2025. The following outlook supersedes all prior statements made by the Company and reflects current expectations. Since reporting third quarter Fiscal 2025 results on February 6, 2025, several macroeconomic conditio
Lightspeed's board authorized share repurchase to return up to $400 million to shareholders Total revenue of $280.1 million, up 17% year-over-year Subscription revenue grew 9% year-over-year Net loss improved to ($26.6) million and positive Adjusted EBITDA1 of $16.6 million exceeded outlook of ~$14 million Monthly ARPU2 in the quarter grew 19% year-over-year to ~$533 Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Feb. 6, 2025 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced the results of its previously-disclosed strategic review and its financial results for the three and nine months ended December 3
MONTREAL, Jan. 9, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report third quarter 2025 financial results before the market open on Thursday, February 6, 2025. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, February 6, 2025.
Total revenue of $277.2 million grew 20% year-over-year and exceeded outlook Net loss improved to ($29.7) million and positive Adjusted EBITDA1 of $14.0 million exceeded outlook of $12 million The monthly ARPU2 in the quarter grew 24% year-over-year to ~$527 Gross profit of $114.3 million, increased by 19% year-over-year Lightspeed raises Fiscal 2025 Adjusted EBITDA1 outlook3 to a minimum of $50 million from a minimum of $45 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Nov. 7, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three and six months ended September 30
MONTREAL, Oct. 10, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report second quarter 2025 financial results before the market open on Thursday, November 7, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, November 7, 2024.
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Aug. 2, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
Total revenue of $266.1 million grew 27% year-over-year and exceeded outlook Net loss improved to ($35.0) million and positive Adjusted EBITDA1 of $10.2 million exceeded the $7 million outlook GPV as a percentage of GTV was 36% in the quarter, up from 22% in the prior year Quarterly ARPU2 grew 31% year-over-year to a record ~$502 Lightspeed repurchased ~2.7 million shares during the quarter for ~$40 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Aug. 1, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three months ended June 30, 2024. Lightspeed is the unified POS
MONTREAL, July 11, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) | (TSX:LSPD) ("Lightspeed" or the "Company"), today announced it will report first quarter 2025 financial results before the market open on Thursday, August 1, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 am ET on Thursday, August 1, 2024.
Total revenue of $230.2 million grew 25% year-over-year and annual revenue exceeded previously-established outlook Net loss and Adjusted EBITDA1 improved to ($32.5) million and $4.4 million, respectively GPV as a percentage of GTV was 32% in the quarter, up from 19% in the prior year ARPU2 of ~$431 grew 29% year-over-year with Net Retention Rate of ~110% Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, May 16, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced financial results for the three months and fiscal year ended March 31, 2024. Additionally, the Lightspeed Board of Directors is pleased to announ
Brouillette will help accelerate the Company's strategic transformation plan in new role MONTREAL, March 6, 2025 /CNW/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced the appointment of Manon Brouillette as Executive Chair of its Board of Directors, effective April 1, 2025 to coincide with the first day of Lightspeed's new fiscal year. "I'm thrilled to be named as Lightspeed's Board Chair during this pivotal moment in the Company's
MONTREAL, Feb. 13, 2025 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD) ("Lightspeed" or the "Company"), today released the registration and attendance information for its Capital Markets Day at the New York Stock Exchange on Wednesday, March 26, 2025. Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Lightspeed's management team will provide a comprehensive update on the Company's transformation plan, operational and financial
Akrimi brings over two decades of experience and vision for the future of retail tech to NuORDER by Lightspeed NuORDER by Lightspeed, a leading B2B commerce platform powering wholesale buying and selling, today announced the appointment of Chris Akrimi to the role of Head of Revenue for Lightspeed B2B / NuORDER. "Chris has a distinguished and proven track record of collaborating with and driving success in partnership with prestigious tech companies, global brands, and luxury retail powerhouses," said Michael Ganci, SVP of B2B Go-to-Market at NuORDER by Lightspeed. "His experience and his ability to align business strategy with market demands, while maintaining a strong focus on financial
MONTREAL, Aug. 2, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), today announced the voting results for the items of business put forth by the Company at its annual shareholders meeting held on August 1st, 2024 (the "Meeting"). Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Shareholders of the Company voted in favor of all items of business put forth at the Meeting by the Company. The
MONTREAL, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. ((NYSE, TSX:LSPD) is pleased to announce that Manon Brouillette has been re-appointed to its Board of Directors (the "Board"), effective October 1, 2023. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs who wish to accelerate growth, provide the best customer experiences and become a go-to destination in their space. This is Manon Brouillette's second term as one of Lightspeed's Board members. With over 20 years of experience as the head of global technology, media and telecommunications companies, she brings tremendous insight and business acumen to
MONTREAL, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. ((NYSE, TSX:LSPD) today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 3rd, 2023 (the "Meeting"). Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Shareholders of the Company voted in favor of all items of business put forth at the Meeting by the Company. The voting results for each item of business at the Meeting are presented below. Election of Directo
Kady Srinivasan joins Lightspeed to lead marketing as the Company continues to expand its leadership team to fuel strategic growth MONTREAL, Dec. 6, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Kady Srinivasan, former Klaviyo and Dropbox executive, as its Chief Marketing Officer, reporting to JP Chauvet, CEO of Lightspeed. "We're thrilled to bring Kady onto the Lightspeed team as ou
Ryan Tabone joins Lightspeed to lead technology and product development as the Company continues to strengthen its leadership team MONTREAL, Oct. 4, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Ryan Tabone as its Chief Product & Technology Officer. "Ryan brings an impressive track record of tackling large-scale technology challenges while empowering product and technology teams to
MONTREAL, Aug. 5, 2022 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX:LSPD) (NYSE:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 4th, 2022 (the "Meeting"). 1. Election of Directors The eight (8) candidates proposed as directors were duly elected directors of the Company by a majority of the votes cast by the
Crystal Caligiuri joins Lightspeed to focus on customer experience as the Company continues growing its customer base MONTREAL, Feb. 22, 2022 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE:LSPD) (TSX:LSPD), the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that the Company has appointed Crystal Caligiuri as its Executive Vice President of Customers. In this new role, Caligiuri will focus on customer onboarding and engagement, ensuring a positive experience for Lightspeed's growing cust
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